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Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

Asia Pacific

Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period
Asia Pacific

Asia Pacific

Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

2026-06-01 18:30 Last Updated At:06-02 12:12

    • New 3-year premium payment term delivers 6-year guaranteed breakeven, one of the shortest in Hong Kong
    • Advanced payout and succession structures mirror the control of a private trust, meeting bespoke wealth planning needs for affluent clients with diverse financial goals.

  • New 3-year premium payment term delivers 6-year guaranteed breakeven, one of the shortest in Hong Kong
  • Advanced payout and succession structures mirror the control of a private trust, meeting bespoke wealth planning needs for affluent clients with diverse financial goals.

HONG KONG SAR - Media OutReach Newswire – 1 June 2026 - Chubb Life Hong Kong has raised the standard for savings insurance with a major enhancement to its flagship product,Chubb MyLegacy Insurance Plan V ("Chubb MyLegacy V"). The new three-year premium payment option ("3-pay option") delivers a guaranteed breakeven period as little as six years1 – making it one of the fastest among comparable savings insurance plans in the Hong Kong market2. This upgrade empowers customers to accelerate wealth growth and plan their legacy with greater flexibility.

Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

Chubb Life Hong Kong Enhances Flagship MyLegacy V Insurance Plan with Shorter Breakeven Period

A recent report by Hong Kong Institute for Monetary and Financial Research found that 40% of pre-retirees in Hong Kong identify market volatility as a major threat to their savings. Chubb MyLegacy V addresses this concern by offering a holistic solution that balances liquidity needs with long-term, multi-generational wealth transfer.

The Plan offers two distinct options catering to varied financial goals:

      • Chubb MyLegacy V – Harvest (Payment terms: 3 / 5 years): Optimized for capital efficiency and liquidity, driving potential wealth accumulation over short to medium terms with a faster guaranteed breakeven.
      • Chubb MyLegacy V –Blossom (Payment terms: 2 / 5 / 8 / 12 years): Ideal for mid-to-long-term saving goals, offering flexible withdrawals and payouts to facilitate seamless legacy planning across generations.

    • Chubb MyLegacy V – Harvest (Payment terms: 3 / 5 years): Optimized for capital efficiency and liquidity, driving potential wealth accumulation over short to medium terms with a faster guaranteed breakeven.
    • Chubb MyLegacy V –Blossom (Payment terms: 2 / 5 / 8 / 12 years): Ideal for mid-to-long-term saving goals, offering flexible withdrawals and payouts to facilitate seamless legacy planning across generations.

  • Chubb MyLegacy V – Harvest (Payment terms: 3 / 5 years): Optimized for capital efficiency and liquidity, driving potential wealth accumulation over short to medium terms with a faster guaranteed breakeven.
  • Chubb MyLegacy V –Blossom (Payment terms: 2 / 5 / 8 / 12 years): Ideal for mid-to-long-term saving goals, offering flexible withdrawals and payouts to facilitate seamless legacy planning across generations.

Chubb MyLegacy V also offers a flexible and economical alternative to traditional family trusts, making legacy planning accessible without a high asset threshold. Customers benefit from dynamic succession planning, multiple successor options, policy continuation for beneficiaries, support for minor successor owners, and the ability to designate charitable organizations as beneficiaries.

Other key benefits include:

      • Market-leading capital recovery: The new 3-pay option in Chubb MyLegacy V – Harvest achieves full guaranteed breakeven within six years.
      • Flexible liquidity: Clients can access their policy's value through cash withdrawals and annuity, supporting both planned and unexpected needs throughout their wealth journey.

    • Market-leading capital recovery: The new 3-pay option in Chubb MyLegacy V – Harvest achieves full guaranteed breakeven within six years.
    • Flexible liquidity: Clients can access their policy's value through cash withdrawals and annuity, supporting both planned and unexpected needs throughout their wealth journey.

  • Market-leading capital recovery: The new 3-pay option in Chubb MyLegacy V – Harvest achieves full guaranteed breakeven within six years.
  • Flexible liquidity: Clients can access their policy's value through cash withdrawals and annuity, supporting both planned and unexpected needs throughout their wealth journey.

Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, "Chubb MyLegacy Insurance Plan V is built around what matters most to our customers – flexibility, security, and the ability to grow and protect their wealth for future generations. The new 3-pay option offers one of the fastest guaranteed breakeven periods in Hong Kong, giving customers a clear advantage in achieving their financial goals. This enhancement further strengthens Chubb MyLegacy V as a leading savings insurance solution, making wealth planning simpler and more achievable. We are proud to support our customers as they build a lasting legacy with confidence."

Chubb MyLegacy V Insurance Plan is the latest edition of the Chubb MyLegacy Insurance Plan series. For more information, please refer to: https://www.chubb.com/hk-en/personal/chubb-my-legacy-insurance-plan-v.html

This article is intended for general reference only and should not be regarded as professional advice, recommendation and does not form part of the policy. This article should be read along with other materials which cover more product information. Such materials include, but not limited to, product brochures setting out key product risks, policy provisions that contain the detailed terms and conditions, benefit illustrations (if any), policy documents and other relevant promotional or marketing materials, which are all available upon request. You might also consider seeking independent professional advice if needed. This article is intended to be displayed in Hong Kong only and does not construe as an offer to sell or solicitation to buy or provision of any insurance products outside Hong Kong. The above plan is a standalone policy and may be purchased independently without bundling with other insurance products

Notes:

      1. "6-year guaranteed breakeven" means the guaranteed cash value will be equal to or greater than the total premiums paid as of the 6th policy anniversary.
      2. As of April 24, 2026, this comparison is based on major savings insurance products with the same premium payment term type, offered by major long-term insurers listed on the Register of Authorized Insurers in Hong Kong, as authorised by the Insurance Authority.

    1. "6-year guaranteed breakeven" means the guaranteed cash value will be equal to or greater than the total premiums paid as of the 6th policy anniversary.
    2. As of April 24, 2026, this comparison is based on major savings insurance products with the same premium payment term type, offered by major long-term insurers listed on the Register of Authorized Insurers in Hong Kong, as authorised by the Insurance Authority.

  1. "6-year guaranteed breakeven" means the guaranteed cash value will be equal to or greater than the total premiums paid as of the 6th policy anniversary.
  2. As of April 24, 2026, this comparison is based on major savings insurance products with the same premium payment term type, offered by major long-term insurers listed on the Register of Authorized Insurers in Hong Kong, as authorised by the Insurance Authority.


Appendix

About Chubb MyLegacy Insurance Plan V ("Chubb MyLegacy V")

      • Product Nature: A participating whole life insurance plan.
      • Target Segments: Clients who are seeking flexible legacy planning solutions and opportunities for wealth growth
      • Two plan options under the series. Customers may select either plan individually or combine both, tailoring their choices to financial needs. This approach enables a balance between long-term wealth growth and guaranteed short-to-mid-term returns, with greater transferability than traditional financial products such as time deposits.

    • Product Nature: A participating whole life insurance plan.
    • Target Segments: Clients who are seeking flexible legacy planning solutions and opportunities for wealth growth
    • Two plan options under the series. Customers may select either plan individually or combine both, tailoring their choices to financial needs. This approach enables a balance between long-term wealth growth and guaranteed short-to-mid-term returns, with greater transferability than traditional financial products such as time deposits.

  • Product Nature: A participating whole life insurance plan.
  • Target Segments: Clients who are seeking flexible legacy planning solutions and opportunities for wealth growth
  • Two plan options under the series. Customers may select either plan individually or combine both, tailoring their choices to financial needs. This approach enables a balance between long-term wealth growth and guaranteed short-to-mid-term returns, with greater transferability than traditional financial products such as time deposits.

  Chubb MyLegacy V - Harvest Chubb MyLegacy V – Blossom
Payment terms 3 / 5 years 2 / 5 / 8 / 12 years
Positioning Faster breakeven and short-to-mid-term wealth accumulation Highly competitive mid-to-long-term returns (potential Internal Rate of Return up to 6.5%), with optimized legacy planning

      • Flexible and Economical Alternative for Trusts

    • Flexible and Economical Alternative for Trusts

  • Flexible and Economical Alternative for Trusts

Chubb MyLegacy V offers the high-level flexibility required to fulfill bespoke legacy planning needs, serving as a 'simplified trust' solution:o Dynamic Succession Planning: Customers can change the Insured as many times as they wish.o Multi-Successor Features: Appoint up to five successor owners with specified sequence of succession.o Customized Settlement Options: Up to 10 settlement options, such as choice of lump sum, installments, or a combination of both for death proceeds.o Policy Continuation Option: Designated beneficiary to become the owner and insured of a new Chubb MyLegacy V policy when the insured passes away.o Split Policy Option: Convert partial surrender value into a new policy for another insured, retaining the original policy year and date to support multiple purposes of legacy planning.o Policy Guardian: Flexible pre-arranged withdrawals and designated interim owner to ensure minor successor owners are supported until adulthood.o Charitable Giving: Designate charitable organizations as policy beneficiaries.

Hashtag: #Chubb

The issuer is solely responsible for the content of this announcement.

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 45,000 people worldwide. Additional information can be found at: .

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

JAKARTA, INDONESIA – Media OutReach Newswire – 2 September 2026 – The Government of the Macao Special Administrative Region of the People's Republic of China convened a reception alongside the Macao Economic, Trade, and Tourism Investment Promotion Seminar in Jakarta, Indonesia, on September 1, to advance multi-domain cooperation between Macao and Indonesia at both governmental and non-governmental levels. The event hosted over 120 business matching sessions, yielding more than 80 cooperation agreements across key sectors, including tourism, high-tech, healthcare, and conventions and exhibitions.

Macao Economic, Trade, and Tourism Investment Promotion Seminar Convened in Jakarta, Indonesia, Fostering Multi-Dimensional Cooperation to Jointly Explore New Opportunities Along the Silk Road

Macao Economic, Trade, and Tourism Investment Promotion Seminar Convened in Jakarta, Indonesia, Fostering Multi-Dimensional Cooperation to Jointly Explore New Opportunities Along the Silk Road

The event gathered over 350 distinguished guests, including Mr.Sam Hou Fai, Chief Executive of the Macao SAR; Susiwijono Moegiarso, Secretary of the Coordinating Ministry for Economic Affairs, Republic of Indonesia; and Wang Lutong, Chinese Ambassador to Indonesia. Also in attendance were members of the Macao SAR Government and entrepreneur delegations, representatives from the Chinese Embassy in Indonesia, and prominent figures from various sectors in Indonesia.

Mr.Sam Hou Fai stated that the implementation of China's 15th Five-Year Plan and the Macao SAR's 3rd Five-Year Plan will unlock cooperation opportunities between Macao and Indonesia. He noted that Indonesia is the birthplace of the "21st Century Maritime Silk Road," and both Macao and Indonesia are pivotal nodes along this route. Guided by the Belt and Road Initiative and the China-Indonesia Comprehensive Strategic Dialogue mechanism, the friendly cooperative ties are poised to deepen further.

In the first half of this year, international visitor to Macao rose by 6% year-on-year, with approximately 88,000 Indonesian tourists—ranking among the top source markets in Southeast Asia. This highlights the close ties between Macao and Indonesia in people-to-people exchanges, trade, and tourism. The Macao SAR Government is committed to promoting exchanges at all levels. By leveraging Macao's role as a vital bridgehead for China's high-level opening-up and as a "precise connector," Macao aims to strengthen all-around, pragmatic cooperation in trade, investment, MICE, tourism, and cultural exchanges, actively contributing to a China-Indonesia community with a shared future.

Edi Prio Pambudi, Deputy Minister for International Economic Cooperation of the Coordinating Ministry for Economic Affairs of Indonesia, stated in his speech that under the "One Country, Two Systems" principle, Macao has built an outstanding international reputation with its long-term stability, high degree of openness, and strong connectivity. As a vital hub for mutual learning between Chinese and Western civilizations, Macao has successfully gathered global talent, capital, and creativity. Indonesian sectors widely applaud and anticipate Macao's economic diversification.

He noted that close economic and cultural ties have driven Macao enterprises to invest in Indonesian projects like construction and transportation. In terms of tourism, Macao welcomed over 200,000 visitors from Indonesia last year, ranking Indonesia among Macao's top source markets in Southeast Asia. Indonesia's visa-free policy for Macao SAR passport holders will further facilitate mutual exchanges. Looking ahead, Indonesia and Macao share vast potential for cooperation in Halal products, Traditional Chinese Medicine (TCM), and connectivity.
Hashtag: #MacaoEconomicTradeandTourismInvestmentPromotionSeminar

The issuer is solely responsible for the content of this announcement.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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